The Findlay-based company reported a near doubling in net income, to $213.6 million, in large part to a $56 million after-tax gain from the sale of the firm's 65-percent interest in Cooper Chengshen (Shandong) Tire Co. Ltd.

Sales fell 0.4 percent to $3.42 billion, a decline Cooper attributed to the loss of $61 million in sales following the divestment of the Cooper Chengshen shares and to an unfavorable price and mix equal to about $33 million.

Unit volume rose 6 percent for the year.

The tire maker reported 34.6-percent higher operating income of $274.8 million in its Americas segment on 4-percent higher sales of $2.59 billion.

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